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Ripple Labs conducted a new Stable Coin product RLUSD mint transfer test
On December 3rd, Ripple Labs conducted testing of its new Stable Coin product, RLUSD, including Tokenmint and transfers, on the XRP Ledger and Ethereum blockchain. Over the past few months, Ripple Labs has been continuously testing RLUSD to join the rapidly rising Stable Coin ecosystem. The latest minting produced approximately 9,999,700 RLUSD Tokens, with an XRP ledger index of 146. As previously reported by BlockBeats, citing insider sources from FOX Business, the New York Department of Financial Services has expressed approval for Ripple's launch of the new Stable Coin product, RLUSD, scheduled for December 4th.